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Do Life Estates effect condo associations and HOAs?


Question:

Condo_Association_member_has_lien_placed_and_wants_to_fight_without_lawyer_011115-resized-600Can a Florida condo resident (grantee) hold a position on the board if the deed is written as a Life Estate?  

In common law and statutory law, a life estate is the ownership of land for the duration of a person's life. In legal terms it is an estate in real property that ends at death when ownership of the property may revert to the original owner, or it may pass to another person.


Answers (5)

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